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To: Oldeconomybuyer
the Jones Act, was created to support jobs in the maritime industry

Very likely it actually eliminates jobs. Tip of the iceberg of how DC intervention in economic activity does not work.

9 posted on 11/02/2012 4:07:56 PM PDT by VRWC For Truth (Roberts has perverted the Constitution)
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To: VRWC For Truth
I'm not so sure that it "eliminates" jobs. More likely it distorts the labor market for different kinds of jobs.

I'm sure the U.S. railroad and trucking industries are among the biggest supporters of the Jones Act, for example.

12 posted on 11/02/2012 4:11:12 PM PDT by Alberta's Child ("If you touch my junk, I'm gonna have you arrested.")
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To: VRWC For Truth

Jones Act was created to ensure US shipbuilding capabilities and shipyard health for national security. A United States without shipbuilding capability was(is) vulnerable in time of need of military conflict.


22 posted on 11/02/2012 5:57:59 PM PDT by sbMKE
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